$155,000

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1849 E Minnesota Street Indianapolis, IN, United States 46203

Fully rented and cash-flowing, this 1 bed, 1 bath duplex presents an excellent opportunity for both investors and owner-occupants. Currently generating $1,525/month in gross rental income, there's clear upside potential-market rents are projected at $1,000-$1200/month per unit. With boths units on a month-to-month lease, there's flexibility to raise rents or renovate. Each unit is separately metered for utilities, simplifying management and improving efficiency. Recent upgrades include brand-new soffit replacement, and there's plenty of room to add value through cosmetic improvements. Whether you're looking to grow your portfolio or live in one unit while renting out the other, this property is packed with potential.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Residential Multi Family
  • Architectural Style: Ranch
  • Year Built: 1926
  • Built in 1926
  • Home size: 0 ft2 / 0.00 m2
  • MLS: 22044561
  • Status: Active
Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

@properties Indianapolis

(317) 489-3441

Get more listing details on brokerage site

Presented by Tyler Lingle

  • (317) 489-3441 (Office Phone)

Contact Tyler Lingle

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